this post was submitted on 22 May 2026
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So if we all stop buying Starlink .. the music stops?
Good to know.
Unlikely, he's been running it a loss for years now, propped up by his money, his billionaire mates' money and some launch contracts in addition to Starlink.
This is the reason he's building in terms into the IPO that prevent him being ousted - public companies making losses are at risk of board shakeups, he's making sure that isn't possible before the float launches.
He doesnt care if twitter or spaceX lose money, they're valuable levers to get what he wants
He's not been spending his money, he's been spending vc and govt contract money. And the VC money is drying up, that's why he's opened it up to IPO.
How will that enable his stay in power? I have no clue how stuff like this works.
He will own around 80% of the shares, so he'll have plenty to sell off to enrich himself or use to borrow against down to 50.01% and he maintains control. So he gets a huge influx of cash from the ipo to use and he gains a wider calculation of wealth headed towards being the first trillionaire. This will absolutely put him over the edge into that status.
By 2027,many countries will have launched alternatives to Starlink. Canada's goes up in the fall.
Honda is now launching recyclable rockets.
Europe too.
SpaceX will end up like Tesla, losing out to better competition.
You're buying starlink?? Better set up your own point to point wifi link
P2MP wireless service is often oversubscribed. Starlink provides competition in the space which has required incumbents to pull up their socks. But anywhere that p2mp is used, fibre could be installed. It’s not got that much range. There’s applications for p2mp but if it’s an ISP, run the fibre.
However, it’s pretty difficult to do p2p wireless to a ship without bouncing through space. There are a lot of really good applications for LEO satellite internet but it is a tragedy that it’s not something humanity can get together to build as a common service, but rather it is the property of a couple billionaires.
Running fiber is really expensive, and even if you are willing to invest the capital, getting access to utility poles or permission to put a trench through someone's property is arduous, maybe not even possible in some cases.
Don't get me wrong, it would be great if we had more fiber infrastructure in more places, it does provide societal benefit, but it's not necessarily viable to do if motivated by generating profits alone
Computers and their networks are the new means of production, and private ownership of the means of production has demonstrated to be a blight.